Business
Business
IMF to introduce LIDC group
The International Monetary Fund (IMF) is set to introduce a new grouping of countries to be known as ‘Low Income…
Punjab taxi scheme delayed due to undisclosed reasons
The launch of Punjab government’s taxi scheme, for which the Pak Suzuki Motor Company Limited (PSMCL) has already entered into…
200mmcfd of imported LNG approved for CNG users
Reviving hopes of CNG users, the government yesterday decided to divert a part of liquefied natural gas (LNG) expected to…
Stocks recover overnight losses
After a brief respite on Wednesday, stocks continued to rally with the KSE-100 index posting gain of 167.06 points or…
SBP advises Banks to finance SMEs
The State Bank of Pakistan (SBP) yesterday advised banks to extend loans to the small and medium enterprises (SMEs) under…
Saudi Arabia’s giant new oil refinery in trouble
Saudi Aramco and joint venture partner Sinopec have started test runs at their 400,000 barrel per day (bpd) Yanbu refinery,…
Ferrari president forced to step down
Ferrari, a byword for flashy sports cars, hit rough ground yesterday with the shock announcement that its president of 23…
Threat of imminent floods may hit food price stability in Sindh
The market of kitchen items is calm in the south of the country despite devastating floods up-country. “There is a…
Ports ministry urged to stop rising pilferage
Several trade associations have complained to the Karachi Chamber of Commerce and Industry (KCCI) about the rising theft of imported…